The Concept

■     Tablet,  Card  Reader & Printer:

  • Tablet hosts Micro  ATM  application,  uses SIM data  / WIFI

communications

  • EMV  & PTS  PCI  Certified  Reader with  Pin-Pad,  reads inserted ATM card;  takes customer ATM  PIN  input
  • Thermal printer  (Bluetooth  or USB), with  paper  roll,  prints receipt

■     Micro  ATM Application:

  • Android Tablet (or  mobile)  based;  iOS  & Windows  in Q4,

2014

  • Login,  amount entry,  communication  to ATM  Server & receive notification

■     ATM  Server

  • Connects  to Micro  ATM Application  on one side,  and to ATM  switch  on another
  • Receives,  processes, converts  & manages  transactions  between  Micro  ATM  Device & ATM  Bank  Switch
  • Integrates  to ATM  Switch  on ISO  8583
  • Manages  remote key injection  (from  bank  HSM)  to card  reader  device
  • Manages Merchant & Device registration,  activation
  • Provides  merchant authentication; manages  device,  m-App,  transactions,  fraud  control  mechanism / rules
  • On  line real  time transactions  reporting
  • Merchants  sells  his goods  & collects cash; accumulates  cash thru the day
  • Customers with  ATM cards visit merchant,  withdraw cash using his Micro  ATM  system
  • Bank  settles with  merchant  next day,  by transfer to his account,  after adjusting  the merchant commission
  • Merchant ‘disposes  off’  accumulated  cash, consumer gets  cash ‘nearby  & conveniently’  & bank  has no cost & hassle of installing  & managing  ATMs
Micro ‘Human’ ATM